For example, the author ignores the local sourcing that WalMart used to do during its “Buy American” phase. He also fails to discuss that when left enough time in a competitive market devoid of Wal-Mart,Â poorly run local businesses tend to fail anyway.

We don’t have Wal-Mart here in Australia but we do have Woolworth and Big-W.

When I lived in Canada, I enjoyed going to Wal-Mart because they offered prices that I could afford with a big variety of options. Something that was really disturbing to me though, is if a hairbrush is worth CAD$6 and the currency difference between CAD$ and the AUD$ at the time was around 25% ….the prices of goods was about the same. How can a hairbrush be worth CAD$6 and AUD$6? Perhaps its really a “Global” economy after all….